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04-20-2011, 08:08 PM
Major League Baseball is taking the extraordinary step of assuming control of the Los Angeles Dodgers, a team increasingly paralyzed by the bitter divorce of owners Frank and Jamie McCourt.
The Los Angeles Times reported this week that Frank McCourt had arranged a $30 million loan from Fox, the team's television partner. Selig has not approved a new longterm contract between team and Fox, and the Times said the money was needed to make payroll.
http://sports.espn.go.com/los-angeles/ml...id=6397488
The Los Angeles Times reported this week that Frank McCourt had arranged a $30 million loan from Fox, the team's television partner. Selig has not approved a new longterm contract between team and Fox, and the Times said the money was needed to make payroll.
http://sports.espn.go.com/los-angeles/ml...id=6397488
04-20-2011, 11:27 PM
How many times has this been done? MLB taking over an association.
04-21-2011, 07:47 AM
First that I know of in MLB
04-21-2011, 10:21 PM
^Ohh wow. I suspected their was very few times.
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